Risk and Compliance Officer (VM Pensions Management Limited)

• Bachelor’s Degree in Business Administration, Finance, Accounting, Actuarial Science, or any other related field
• Minimum of three (3) years’ experience, preferably in a financial institution
• FRM, CRM, PMI-RMP, CERA, CFA, CRISC, CIA, CAMS, FMVA or other related designation would be an asset

Risk Management

• Ongoing monitoring of key risk indicators and risk exposures.
• Conducts planned risk assessments and make recommendations for reduction of risk exposures outside of risk appetite
• Assist with development and use of financial risk models to manage financial risk exposures.
• Maintain risk registers
• Evaluate exposures against the established limits.
• Preparation of Enterprise Risk Management Reports and Financial Risk Reports
• Assist with development of Risk Management Framework for Pension Plans

Quality Assurance

• Quality assurance checks and reviews for key areas/processes within the company
• Make recommendations for areas below the requisite quality assurance level

Compliance

• Preparation and submission of key regulatory reports to Financial Services Commission and Financial Investigations Division
• Preparation of internal compliance reports
• Monitors timeliness of regulatory report submission
• Monitors High Risk Customers including PEPS and conduct enhanced due diligence.
• Assist with operational AML/CFT processes to include screening of clients
• Completes AML/CFT due diligence questionnaires sent by local/overseas counterparties.

Training and Awareness

• Supports Nominated officer with advising team members of changes to AML requirements, new regulations, and laws.
• Issues advisories and tips to the VMPM team members on compliance regarding regulations.
• Provides guidance and training to team members on AML requirement and oversees annual training.
• Provides guidance and training to team members on risk management

Analysis and Solutions Definition

• Reviews, document and analyzes agreed business processes to facilitate the identification of process inefficiencies.
• Recommends solutions for greater organizational efficiency, productivity, and revenue generation.
• Develops processes to meet new business needs.

Other Duties

• Maintains the VMPM Policies and procedures repository and assist with the review of the Company’s Policies and Procedures
• Monitors all audit points and compliance with audit deadlines.
• Business Continuity Planning and simulations

• Knowledge of requirements under the Pension and Securities Legislations
• Good working knowledge of enterprise risk management concepts and practices, including risk identification, assessment, control activities, monitoring, and reporting; as well as standards and best practices
• Proficiency in Microsoft Suit of applications specifically, Microsoft Word, Microsoft Excel, and Power Point
• Ability to use and interpret organisational data systems to support planning and decision making
• Excellent communication skills
• Ability to utilize a digital approach to problem solving by using digital tools to work productively and efficiently.
• Knowledge of risk concepts and risk management practices